DarkPulse Inc. (OTCMKTS:DPLS) Stock Continues to Trend Lower: Falls 25% In a Week

DarkPulse Inc. (OTCMKTS:DPLS) dropped 4% after announcing a significant sponsorship position for the 6th annual “Smart Cities Connect” conference that will take place between September 26 and September 29, 2022, in Washington, DC. The event, which promotes the establishment of Smart Cities via Digital Transformation on Architecture and Urbanization, is projected to attract at least 500 local government members and more than 1,000 guests.

Trading Data     

On Wednesday, DPLS stock fell 4.30% to $0.0289 with more than 30.28 million shares, compared to its average volume of 25.17 million shares. The stock moved within a range of $0.2911 – 0.3219 after opening trading at $0.2975.

Recent News

Dennis O’Leary, CEO of DarkPulse, will present the keynote talk regarding the world’s largest first smart infrastructure project, the Honcut Bridge in Marysville, California, which was made possible by DarkPulse tech. Mr. O’Leary will also discuss DarkPulse’s latest venture, Charging Lanes, which are Smart Roads with inbuilt charging capabilities for electric vehicles (EVs).

Smart Cities Connect is indeed an event designed to bring together smart city managers and the general public. The conference brings together a knowledgeable network of decision-makers to enable smart cities at all phases of development.

Technical Data

DPLS stock is trading below the 20-Day and 50-Day Moving averages of $0.0408 and $0.0541 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0746.